Featured Asian stocks soar to record highs on Fed decosion Aya El Sayed Mar 21, 2024 0 Gold prices and benchmarks in Tokyo and Taipei soared to record highs on Thursday, mirroring the S&P 500’s…
Featured ECB’s rate path uncertain after 1st cut – Lagarde Aya El Sayed Mar 20, 2024 0 The European Central Bank (ECB) indicated that it cannot commit to a predetermined number of interest rate cuts,…
Africa News South Africa’s inflation: a February ascent Aya El Sayed Mar 20, 2024 0 South Africa witnessed in February a rise in consumer inflation for the second consecutive month, reaching 5.6 per…
Money SNB sells forex worth CHF132.9b in ’23 Aya Anwar Mar 19, 2024 0 The Swiss National Bank sold foreign currency totalling 132.9 billion Swiss francs ($149.51 billion) in 2023.
Featured Swiss firms seek central bank support amid strong franc Aya El Sayed Mar 18, 2024 0 Swiss industries are calling on the country’s central bank to shift its focus from combating inflation to…
Money Swiss National Bank to start rate cuts earlier than expected Aya Anwar Mar 18, 2024 0 The Swiss National Bank (SNB) is anticipated to initiate interest rate reductions earlier than previously…
Banks Egypt’s CBE reveals reasons for high inflation in Feb. Nada Ali Mar 18, 2024 0 Egypt’s annual urban headline inflation rose to 35.7 per cent in February from 29.8 per cent in January, the…
Banks ECB eyes spring rate cuts, inflation defeat in sight Aya El Sayed Mar 13, 2024 0 The European Central Bank (ECB) is likely to commence cutting rates in the spring, specifically between April and…
Featured Dollar holds ground as inflation fails to stir traders Aya El Sayed Mar 13, 2024 0 The US dollar maintained its stability against various other currencies on Wednesday as traders evaluated how the…
Banks Argentina slashes benchmark rates to 80% Aya El Sayed Mar 12, 2024 0 Argentina’s central bank has reduced its benchmark interest rate from 100 per cent to 80 per cent, which aligns…